Goldway Education Group Past Earnings Performance
Past criteria checks 2/6
Goldway Education Group's earnings have been declining at an average annual rate of -12.7%, while the Consumer Services industry saw earnings growing at 4.2% annually. Revenues have been growing at an average rate of 3.8% per year. Goldway Education Group's return on equity is 3.4%, and it has net margins of 3.2%.
Key information
-12.7%
Earnings growth rate
-12.2%
EPS growth rate
| Consumer Services Industry Growth | 1.7% |
| Revenue growth rate | 3.8% |
| Return on equity | 3.4% |
| Net Margin | 3.2% |
| Last Earnings Update | 30 Sep 2023 |
Recent past performance updates
Recent updates
A Look At The Fair Value Of Goldway Education Group Limited (HKG:8160)
Aug 16
Calculating The Fair Value Of Goldway Education Group Limited (HKG:8160)
May 24Here's Why It's Unlikely That Goldway Education Group Limited's (HKG:8160) CEO Will See A Pay Rise This Year
Jul 30Don't Ignore The Fact That This Insider Just Sold Some Shares In Goldway Education Group Limited (HKG:8160)
Feb 23Revenue & Expenses BreakdownBeta
How Goldway Education Group makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Sep 23 | 49 | 2 | 2 | 0 |
| 30 Jun 23 | 42 | -1 | 2 | 0 |
| 31 Mar 23 | 44 | 0 | 2 | 0 |
| 31 Dec 22 | 39 | -8 | 1 | 0 |
| 30 Sep 22 | 38 | -8 | 1 | 0 |
| 30 Jun 22 | 38 | -8 | 1 | 0 |
| 31 Mar 22 | 36 | -7 | 1 | 0 |
| 31 Dec 21 | 35 | -5 | 0 | 0 |
| 30 Sep 21 | 33 | -5 | 1 | 0 |
| 30 Jun 21 | 29 | -4 | 1 | 0 |
| 31 Mar 21 | 29 | -3 | 1 | 0 |
| 31 Dec 20 | 28 | -5 | 4 | 0 |
| 30 Sep 20 | 29 | -7 | 4 | 0 |
| 30 Jun 20 | 32 | -7 | 4 | 0 |
| 31 Mar 20 | 33 | -7 | 4 | 0 |
| 31 Dec 19 | 37 | 0 | 3 | 0 |
| 30 Sep 19 | 37 | -5 | 9 | 0 |
| 30 Jun 19 | 38 | -3 | 11 | 0 |
| 31 Mar 19 | 37 | -2 | 13 | 0 |
| 31 Dec 18 | 37 | 0 | 13 | 0 |
| 30 Sep 18 | 37 | 4 | 10 | 0 |
| 30 Jun 18 | 37 | 4 | 9 | 0 |
| 31 Mar 18 | 36 | 4 | 10 | 0 |
| 31 Dec 17 | 36 | 4 | 9 | 0 |
| 30 Sep 17 | 37 | 3 | 9 | 0 |
| 30 Jun 17 | 37 | 2 | 9 | 0 |
| 31 Mar 17 | 37 | 3 | 8 | 0 |
| 31 Dec 16 | 38 | 2 | 9 | 0 |
| 31 Mar 16 | 39 | 5 | 9 | 0 |
| 31 Mar 15 | 36 | 9 | 8 | 0 |
| 31 Mar 14 | 36 | 10 | 7 | 0 |
Quality Earnings: 8160 has a large one-off gain of HK$2.5M impacting its last 12 months of financial results to 30th September, 2023.
Growing Profit Margin: 8160 became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 8160 has become profitable over the past 5 years, growing earnings by -12.7% per year.
Accelerating Growth: 8160 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: 8160 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Consumer Services industry (18.2%).
Return on Equity
High ROE: 8160's Return on Equity (3.4%) is considered low.